The profitability of asset managers is likely to see a “dramatic” change in the next five years, according to EY, as inflows are forecast to fall to around 2% per annum. ...

More Australians retirees having higher super balances and the decline in the proportion of retirees reliant on the Age Pension will mean retirees will rely on super for ...

Advice affordability is deteriorating and advice fees should be tax deductible, according to ClearView....

Under 1,800 advisers have failed the exam and a quarter of those have failed twice or more, and an industry extension to September would have helped practices that had no...

The end of the financial year will see a greater loss in adviser numbers than usual from advisers wanting to avoid the next round of the ASIC levy....

Former Platinum Asia portfolio manager Dr Joseph Lai will lead Ox Capital Management, which aims to launch a long-only and a long-short EM equity fund later this year....

The initial public offering set for 1 July will see Link Group hold approximately $180 million of net cash proceeds....

It will invest in Australian medical technology companies, with a social impact focus....

The corporate regulator has disqualified self-managed super fund auditor Gordon Shrubsole for breaching independence and auditing standards....

Income investors face challenges to preserve capital due to the rise in global inflation, which forces them to look for cash alternatives, according to the boutique inves...

Super Consumers Australia has backed a proposal for better visibility of superannuation assets in divorce proceedings, saying the current measures disproportionally affec...

Superannuation funds have delivered its strongest performance in the nearly 30 years since compulsory super began, according to an association....

Advisers now have a potential market of almost 300,000 high net worth individuals to target, a rise of 4%, according to Capgemini, but a move is needed to a hybrid model ...

Practices that will lose or are at risk of losing advisers next year will need to start recruiting now for a smoother handover for clients next year....

There are far fewer adviser businesses up for sale than is to be expected given the adviser exodus as firms seek acquisition opportunities. ...

Daniel Proietto has been appointed as Victorian regional manager for Fitzpatricks Private Wealth....

Former Ignition Advice chief executive, Manish Prasad, has taken a new role as head of asset management-Asia Pacific at Saxo Markets as the firm expands its offering....

The Australian Securities and Investments Commission is seeking feedback on proposals about exchange traded products and other investment products that provide investors ...

The corporate and prudential regulators have put superannuation trustees on notice that they can expect a further follow up on their advice fee practices and that they ex...

The corporate regulator has released a consultation on proposed amendments to market integrity rules, which will close on 6 August....